Categories: Business

Rumors of drug parties surround Elon Musk, according to reports

Concerns at Tesla about Musk’s lifestyle

Elon MuskCEO of Tesla And SpaceXhas attracted attention not only for his technological innovations and business vision, but also for his erratic behaviors, according to reports from executives and board members of his companies. The Wall Street Journal, May be affected by repeated drug use, Not only their health but also the future of their companies and billions of assets is at risk.

sources close to the magnet suggested WSJ That Musk, 52, Drugs such as LSD, cocaine, ecstasy, psychedelic mushrooms and ketamine may have been usedoften At private partiesWhere the attendees sign Confidentiality Agreements Or they give up their phones to enter, as the media has revealed, citing as sources people who have witnessed their drug use but without identifying them by name and surname.

“For example, in 2018, he took several tablets of acid at a party held in Los Angeles. The following year, he partied with magic mushrooms at an event in Mexico. In 2021, he took ketamine at a house party during Art Basel with his brother Kimble Musk in Miami. “He has taken illegal drugs with Steve Jurvetson, a current member of SpaceX and Tesla’s board of directors,” the outlet claims.

His alleged use will continue, according to media reports, particularly ketamine, causing concern about his well-being and possible consequences for the businesses he runs, including The Boring Company, Neuralink and a new artificial intelligence company. .

According to Alex SpiroMusk’s lawyer, executive Regularly undergoes drug testing on SpaceX and has never had a positive result. However, some past events viz Joe Rogan’s appearance on Rogan’s show smoking weed And mentioning the company SpaceX in foul language has raised further doubts about its restraint at key moments.

Added to this is the fact that SpaceX is the only American company currently approved to transport astronauts P.O.T for the International Space Station, and which has more than $14 billion in contracts with the US government for civilian and military space missions. Federal policies could be compromised if Musk’s illegal drug use is confirmed, which could put such contracts and shareholder investments at risk. “Musk is intrinsic to the value of his companies, potentially jeopardizing assets held by investors, thousands of jobs and nearly $1 trillion in the U.S. space program,” the article warns.

Musk’s behavior sometimes provoked mixed reactions among his companies’ boards of directors. Linda Johnson’s RiceThe former Tesla director decided not to run for re-election in 2019 due to frustration with the CEO’s volatile attitude and his addiction to drugs.

Among the concerns is the connection between his unusual behavior and possible drug use, which has been a sensitive topic for directors at Musk’s companies, as some of them are close friends and have attended drug-taking events. Like drugs, festivals Burning Man.

Musk has spoken openly about his mental health, admitting on several occasions to his lack of sleep and constant work, but speaking to an authoritative book he denied illegal drug use and attributed certain attitudes to undiagnosed mental health challenges. . in fact, When he hosted “Saturday Night Live” in 2021, he said he has Asperger’s, a form of autism.

At most companies, board members aren’t required to investigate executives for drug use, but they often take action if they believe it’s harming the business, the WSJ details. In 2020, the outlet recalls, former Zappos CEO Tony Hsieh’s ketamine abuse eventually led to the intervention of an executive at the shoe company’s parent company, Amazon. They gave him a few months to get his shit together, and when he couldn’t do it, he quit.

Hsieh was caught in a house fire under the influence of alcohol in late 2020 and later died from his injuries.

The debate over directors’ willingness to interfere in the private lives of executives is a sensitive topic in the corporate arena, especially when personal actions can have a significant impact on business decisions. Currently, the companies under Musk’s management have maintained a positive trend with significant growth in Musk’s share value. Tesla And growing revenue at SpaceX, causing some investors to ignore these concerns.

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